Economics · Indian Financial System and Capital Markets
Arrange the following historical milestones and regulatory developments in the Indian financial system and its capital markets in the chronological order of their occurrence (from the earliest to the latest): 1. Formal organisation of 'The Native Share and Stock Brokers' Association' (1875)2. Introduction of the Efficient Market Hypothesis (EMH) by Eugene Fama (1970)3. Occurrence of the Harshad Mehta securities scam (1992)4. Notification of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations (1997)5. Rationalisation and categorisation of mutual fund schemes by SEBI (2017)
- 12, 1, 3, 5, 4
- 21, 2, 3, 4, 5✓
- 31, 3, 2, 5, 4
- 42, 1, 4, 3, 5
Correct answer
1, 2, 3, 4, 5
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